According to the report, the global dried fruits market attained a value of USD 10600 million in 2022. Aided by the increasing demand for healthy and convenient snacking options, the market is projected to further grow at a CAGR of 5.2% between 2023 and 2028 to reach a value of USD 14379.89 million by 2028.
Dried fruits refer to the processed fruits that has undergone a drying process, either by sun-drying or using specialised dryers, to remove most of its water content. Common dried fruits include apricots, raisins, dates, and figs, among others. Dried fruits are rich in essential nutrients like vitamins, minerals, and fibre and have a longer shelf life compared to fresh fruits, making them a popular choice for snacking and culinary applications.
The global dried fruits market growth is primarily driven by the increasing demand for healthy and convenient snacking options. With growing health consciousness among consumers and a focus on maintaining a balanced diet, the preference for nutrient-dense snacks, such as dried fruits, has increased. Dried fruits are a great option for on-the-go snacking since they are not only filling but also a natural source of energy.
Another significant factor increasing the global dried fruits market share is the rising demand for natural and organic food products. Consumers are increasingly seeking minimally processed and chemical-free options, leading to a growing preference for organic dried fruits. Manufacturers are responding to this demand by offering a wide range of organic and preservative-free dried fruits, further fuelling the market growth.
Additionally, the growing popularity of food products with exotic flavours and ingredients has led to the incorporation of dried fruits in various culinary applications. Dried fruits are being used in bakery products, confectionery, cereals, and salads, among others, to add natural sweetness, flavour, and texture. This increased application in diverse food products has also contributed to the growth of the global dried fruits market.
Moreover, the expansion of e-commerce platforms and the increasing penetration of the internet have made dried fruits products more accessible to consumers worldwide. The convenience of online shopping, along with the availability of a wide range of products at competitive prices, has further accelerated the global dried fruits market demand.
Dried fruits refer to the processed fruits that has undergone a drying process, either by sun-drying or using specialised dryers, to remove most of its water content. Common dried fruits include apricots, raisins, dates, and figs, among others. Dried fruits are rich in essential nutrients like vitamins, minerals, and fibre and have a longer shelf life compared to fresh fruits, making them a popular choice for snacking and culinary applications.
The global dried fruits market growth is primarily driven by the increasing demand for healthy and convenient snacking options. With growing health consciousness among consumers and a focus on maintaining a balanced diet, the preference for nutrient-dense snacks, such as dried fruits, has increased. Dried fruits are a great option for on-the-go snacking since they are not only filling but also a natural source of energy.
Another significant factor increasing the global dried fruits market share is the rising demand for natural and organic food products. Consumers are increasingly seeking minimally processed and chemical-free options, leading to a growing preference for organic dried fruits. Manufacturers are responding to this demand by offering a wide range of organic and preservative-free dried fruits, further fuelling the market growth.
Additionally, the growing popularity of food products with exotic flavours and ingredients has led to the incorporation of dried fruits in various culinary applications. Dried fruits are being used in bakery products, confectionery, cereals, and salads, among others, to add natural sweetness, flavour, and texture. This increased application in diverse food products has also contributed to the growth of the global dried fruits market.
Moreover, the expansion of e-commerce platforms and the increasing penetration of the internet have made dried fruits products more accessible to consumers worldwide. The convenience of online shopping, along with the availability of a wide range of products at competitive prices, has further accelerated the global dried fruits market demand.
Market Segmentation
The market can be divided based on type, product, application, distribution channel, and region.Market Breakup by Type
- Organic
- Conventional
Market Breakup by Product
- Raisins
- Apricots
- Dates
- Berries
- Figs
- Others
Market Breakup by Application
- Dairy and Desserts
- Cereals
- Snacks and Bars
- Bakery and Confectionery
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global dried fruits companies. Some of the major key players explored in the report are as follows:- AGRANA Beteiligungs-AG
- Archer Daniels Midland Company
- Sun-Maid Growers of California
- Bergin Fruits and Nut Company
- Berrifine A/S
- Sunsweet Growers Inc
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market15 Value Chain Analysis17 Price Analysis19 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Dried Fruits Market Analysis
9 North America Dried Fruits Market Analysis
10 Europe Dried Fruits Market Analysis
11 Asia Pacific Dried Fruits Market Analysis
12 Latin America Dried Fruits Market Analysis
13 Middle East and Africa Dried Fruits Market Analysis
14 Market Dynamics
16 Trade Data Analysis (HS Code: 0813)
18 Competitive Landscape
Companies Mentioned
- AGRANA Beteiligungs-AG
- Archer Daniels Midland Company
- Sun-Maid Growers of California
- Bergin Fruits and Nut Company
- Berrifine A/S
- Sunsweet Growers Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 134 |
Published | March 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 11185 Million |
Forecasted Market Value ( USD | $ 14379.89 Million |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
No. of Companies Mentioned | 6 |